Insurance Business Analyst Contracts in Central London

Business Analyst - Insurance (Insurance BA)
London > Central London

The median Business Analyst - Insurance (Insurance BA) daily rate in Central London is £625 according to job vacancies posted during the 6 months to 9 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 117 162 181
Rank change year-on-year +45 +19 -57
Contract jobs requiring an Insurance Business Analyst 17 17 28
As % of all contract jobs advertised in Central London 0.70% 0.45% 0.63%
As % of the Job Titles category 0.73% 0.47% 0.66%
Number of daily rates quoted 5 13 26
10th Percentile - £530 -
25th Percentile £519 £550 £513
Median daily rate (50th Percentile) £625 £600 £560
Median % change year-on-year +4.17% +7.14% +12.00%
75th Percentile £638 £625 £597
90th Percentile £705 £635 £625
London median daily rate £600 £600 £565
% change year-on-year - +6.19% +13.00%

All Contract IT Job Vacancies
Central London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Central London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in Central London with a recognized job title 2,314 3,592 4,227
% of contract IT jobs with a recognized job title 95.23% 95.28% 94.39%
Number of daily rates quoted 1,647 2,462 3,219
10th Percentile £339 £325 £363
25th Percentile £440 £463 £463
Median daily rate (50th Percentile) £550 £591 £560
Median % change year-on-year -6.98% +5.58% +6.67%
75th Percentile £688 £725 £675
90th Percentile £800 £813 £763
London median daily rate £550 £575 £575
% change year-on-year -4.35% - +9.52%
Number of hourly rates quoted 30 25 53
10th Percentile £20.19 £15.50 £13.88
25th Percentile £22.13 £18.50 £18.50
Median hourly rate £25.78 £35.00 £37.00
Median % change year-on-year -26.34% -5.41% +108.60%
75th Percentile £27.81 £58.75 £50.75
90th Percentile £40.38 £86.98 £65.10
London median hourly rate £27.50 £36.00 £35.00
% change year-on-year -23.61% +2.86% +9.38%

Insurance Business Analyst
Job Vacancy Trend in Central London

Job postings that featured Insurance Business Analyst in the job title as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Insurance Business Analyst in Central London

Insurance Business Analyst
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Insurance Business Analyst in Central London.

Daily rate trend for Insurance Business Analyst in Central London

Insurance Business Analyst
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Insurance Business Analyst in Central London over the 6 months to 9 May 2024.

Daily rate histogram for Insurance Business Analyst in Central London

Insurance Business Analyst
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Insurance Business Analyst within the Central London region over the 6 months to 9 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London +46 15 £538 -10.42%
Insurance Business Analyst
London

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in Central London

For the 6 months to 9 May 2024, Insurance Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region featuring Insurance Business Analyst in the job title.

1 10 (58.82%) Agile
2 9 (52.94%) User Stories
3 8 (47.06%) Social Skills
4 7 (41.18%) Finance
4 7 (41.18%) Business Analysis
5 6 (35.29%) Stakeholder Management
6 5 (29.41%) SQL
6 5 (29.41%) Presentation Skills
7 4 (23.53%) Business Transformation
7 4 (23.53%) Wireframes
7 4 (23.53%) Prototyping
7 4 (23.53%) Workshop Facilitation
7 4 (23.53%) Acceptance Criteria
7 4 (23.53%) Impact Assessments
7 4 (23.53%) Degree
7 4 (23.53%) User Acceptance Testing
8 3 (17.65%) Release Management
8 3 (17.65%) Visualisation
8 3 (17.65%) Azure
8 3 (17.65%) Data Visualisation
8 3 (17.65%) Software Testing
8 3 (17.65%) Software Engineering
8 3 (17.65%) Business Intelligence
8 3 (17.65%) Power Platform
8 3 (17.65%) Backlog Management
8 3 (17.65%) Backlog Prioritisation
8 3 (17.65%) Influencing Skills
8 3 (17.65%) Data Lake
8 3 (17.65%) Databricks
8 3 (17.65%) Power BI

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (11.76%) Confluence
Applications
1 1 (5.88%) Microsoft Excel
1 1 (5.88%) Microsoft Office
1 1 (5.88%) Microsoft PowerPoint
1 1 (5.88%) MS Visio
Cloud Services
1 3 (17.65%) Azure
1 3 (17.65%) Power Platform
Database & Business Intelligence
1 3 (17.65%) Data Lake
1 3 (17.65%) Power BI
2 2 (11.76%) SQL Server Analysis Services
2 2 (11.76%) SQL Server Integration Services
2 2 (11.76%) SQL Server Reporting Services
Development Applications
1 2 (11.76%) JIRA
General
1 8 (47.06%) Social Skills
2 7 (41.18%) Finance
3 5 (29.41%) Presentation Skills
4 3 (17.65%) Influencing Skills
5 1 (5.88%) Legal
5 1 (5.88%) Retail
Miscellaneous
1 2 (11.76%) Algorithms
2 1 (5.88%) Product Ownership
Processes & Methodologies
1 10 (58.82%) Agile
2 9 (52.94%) User Stories
3 7 (41.18%) Business Analysis
4 6 (35.29%) Stakeholder Management
5 4 (23.53%) Acceptance Criteria
5 4 (23.53%) Business Transformation
5 4 (23.53%) Impact Assessments
5 4 (23.53%) Prototyping
5 4 (23.53%) User Acceptance Testing
5 4 (23.53%) Wireframes
5 4 (23.53%) Workshop Facilitation
6 3 (17.65%) Backlog Management
6 3 (17.65%) Backlog Prioritisation
6 3 (17.65%) Business Intelligence
6 3 (17.65%) Data Visualisation
6 3 (17.65%) Release Management
6 3 (17.65%) Software Engineering
6 3 (17.65%) Software Testing
6 3 (17.65%) Visualisation
7 2 (11.76%) Data Mapping
Programming Languages
1 5 (29.41%) SQL
Qualifications
1 4 (23.53%) Degree
2 1 (5.88%) IIBA
Quality Assurance & Compliance
1 1 (5.88%) Accessibility
Vendors
1 3 (17.65%) Databricks
2 1 (5.88%) Microsoft